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AI IN ACCOUNTING
AI in finance: From crunching numbers to making decisions, how far can it go?Artificial intelligence is increasingly assisting in financial tasks and decision-making. Organisations report improved decision quality an...- AI researcher buys Rs 670 crore California mansion with nine-hole golf course after just 6 years of serviceAI researcher Tony Yuhuai Wu has reportedly bought a Rs 670 crore mansion in California after six years in the AI industry. The 12-acre Vil...
- Sebi to soon roll out AI rules with a ‘kill switch’ for stock marketSebi will soon issue guidelines for responsible AI and machine learning use in India’s securities market, with mandatory safeguards includi...
- India sees sharper demand for specialised, mid-career talent as GCC hiring acceleratesGlobal capability centres are rapidly increasing hiring for specialized and mid-career professionals. Technology and innovation are now key...
- CarePal Group builds proprietary AI “Chief of Staff” to scale execution across crowdfunding, lending & insuranceThe company says multi-stage extraction powered by Claude identifies action items, priorities, decisions and risks. OpenAI embeddings suppo...
- OpenAI slows advanced AI development after cyberattackChatGPT creator OpenAI said Tuesday that it was tapping the brakes on development of its most advanced AI model and tightening internal con...
- OpenAI introduces 'ChatGPT for Teens' amid legal pressureMost of the safeguards utilised in the ChatGPT for Teens model already existed for ChatGPT accounts belonging to minors, such as restrictio...
- Ex-Kissht cofounders’ firm Rezolv raises $12.5 million, to expand credit servicesThey said the company, which raised $3.5 million in its seed round last year at a $12.8 million post-money valuation, saw its valuation ris...
- Building for scale, security and privacy: Inside PhonePe’s AI playbookAs AI capabilities become more deeply embedded across products and platforms, the interface itself becomes less visible. What matters is wh...
- SilverFox hackers use fake Claude apps to target companies in Asia: KasperskyCybersecurity group SilverFox is exploiting artificial intelligence across Asia Pacific. They distribute fake Claude AI applications for va...
- AI could cut cost of running insurance by eliminating repetitive work: ReportThe report said AI is being embedded across underwriting, customer service, fraud detection, claims processing and internal operations. Ins...
- Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...
- AI-skilled job postings more than double in Q1 FY27 as demand spreads beyond tech roles: ReportJob postings for artificial intelligence skills have more than doubled in India. Demand for AI capabilities is now spreading beyond special...
- Smaller cities outpace tier-1 in job creation: ReportJob postings in tier-2 and tier-3 cities are growing faster than in tier-1 markets. Emerging cities like Guwahati and Varanasi are leading ...
- Apple trains its own AI model for China market with Alibaba's supportThe AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining ...
- AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...
- Explained: Sarvam AI's Indic benchmark to test voice AI across 22 Indian languagesThis launch addresses a major gap felt in the Indian AI ecosystem, especially voice models. AI voice tools have made rapid advancements in ...
- AI to reshape banking, governance must evolve to curb cyber risk: BCG's Hardik ShahArtificial intelligence is set to reshape India's banking sector over the next decade, but banks, regulators and the government will need t...
- Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
- Character AI Down Today: Users report login issues, app problems and unexpected account logoutsCharacter AI down: On August 12, Character AI faced considerable access issues, leaving numerous users unable to log in or fully utilize it...
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